Preview Mode
Alpari
ETX Capital's CEO Andrew Edwards Weighs in on Alpari UK Acquisition
- After ETX Capital announced the purchase of Alpari UK's client base from special administrator KPMG, Forex Magnates' reporters reached out to the CEO of the firm in order to acquire more details about the deal.
Thursday, 26/03/2015 | 18:29 GMT by
Victor Golovtchenko
Alpari UK Sells Client Data to UK Brokerage ETX Capital
- In what is potentially a multimillion pound deal, clients will have the opportunity to get their outstanding balances which are due from Alpari UK to get transferred to their trading accounts with ETX Capital.
Thursday, 26/03/2015 | 15:24 GMT by
Victor Golovtchenko
KPMG Warns Alpari’s Traders of So-Called Fraudulent 'Alpari UK China Support Team'
- FX traders in China should be wary of a group of fraudsters attempting to deceive them under the Alpari banner, according to KPMG. A team claiming to provide support is actually a fraudster.
Tuesday, 24/03/2015 | 19:34 GMT by
Adil Siddiqui
FXCM and Alpari Adjust to New Reality as Prime Brokers Contract
- Citibank going after FX traders that could not cover negative balances post SNB crisis, ThinkForex acquiring Admiral Markets’ Middle Eastern license and a new breed of forex scams in this week's roundup.
Sunday, 22/03/2015 | 10:00 GMT by
Avi Mizrahi
Alpari UK’s Administrator KPMG Clarifies Client Money Pool Currency Issues
- KPMG has updated its Alpari portal with information about currencies used in the special administration. The administrator cited reports in Forex Magnates and wanted to clarify the position for traders.
Wednesday, 18/03/2015 | 21:04 GMT by
Adil Siddiqui
Breaking: Alpari Looking to Establish New EU Licensed Subsidiary
- The firm is already looking to hire a managing director for a subsidiary to be based in the EU, targeting clients mainly from Eastern Europe, where the brand has been actively promoting its services in the past.
Wednesday, 18/03/2015 | 10:32 GMT by
Victor Golovtchenko
Charles Schwab Offers Robo-Advisors, London Police Raid Spurs Rumors
- Competitors take aim at Charles Schwab’s "Intelligent Portfolio" service, CWMFX drawing fire from the British media and IronFX expanding its platform and trading product offering in this week's roundup.
Sunday, 15/03/2015 | 12:06 GMT by
Avi Mizrahi
IronFX Taken to Court and the Depth of Alpari UK Debt Is Revealed
- Forex Magnates spotlights the recent industry’s news you have to know about, including the details of FXCM's loan repayment and the effects of the CHF crisis at Citi's FX Prime Brokerage business.
Sunday, 01/03/2015 | 10:27 GMT by
Avi Mizrahi
Over 100,000 Alpari UK Clients to Gain Access To Claims Portal
- The failed UK broker’s special administrator KPMG will begin accepting claims by customers of Alpari UK in a couple of waves, due to the excessively large numbers of client claims which are likely to arise.
Friday, 27/02/2015 | 18:24 GMT by
Victor Golovtchenko
Alpari Japan Gives Clients 3 Weeks to Access Reports before Servers Shutdown
- Trade transcripts such as Annual Transaction Report and Customer Report are usually needed by traders and money managers to analyse their performance as well as complete fillings with tax authorities.
Monday, 23/02/2015 | 10:23 GMT by
Avi Mizrahi
US Forex down in December as Alpari Dubai Draws Competitor Attention
- Last week gave us a rundown on December US data for top brokerages, continued interest in the Alpari UK saga, the merger of Australian broker GO with Vantage FX UK as well as a flurry of CySEC regulatory activity.
Sunday, 22/02/2015 | 10:08 GMT by
Kenny Mariasin
Alpari Moves Exotic Currency Pairs into Close Only Mode
- The changes will take effect on the 20th of February, with a hard deadline on the 27th when all of the positions will be closed at the last available rate, as the firm adds 26 new currency pairs to its Nano accounts.
Wednesday, 18/02/2015 | 09:43 GMT by
Victor Golovtchenko
How Will Alpari UK's Demise Affect the Group's Dubai Office?
- Several industry participants are negotiating for the Alpari ME unit, eyeing its ready made local infrastructure. Mass migration of the office's 40 employees to a local competitor is also on the agenda.
Tuesday, 17/02/2015 | 12:21 GMT by
Finance Magnates Staff
New Zealand Registered Ukrainian Broker Forex Trend Blacklisted by CRFIN
- After Alpari Russia has openly stated that the Ukrainian brokerage registered in New Zealand, Forex Trend, violated its rights on the “PAMM account” trademark, the Russian self-regulatory organization takes action.
Monday, 16/02/2015 | 13:15 GMT by
Victor Golovtchenko
Alpari Discontinuing MetaTrader 5 Trading on March 1st
- Citing minimal usage of the platform, Alpari will be discontinuing its support of the MetaTrader 5 trading platform in March in its remaining brands, after it had been offered by Alpari UK for real trading.
Monday, 09/02/2015 | 12:12 GMT by
Ron Finberg
Alpari UK Shareholder Andrey Dashin Secures Brand & Intellectual Property
- The main shareholder of the company has secured rights over the intellectual property of Alpari UK, as pieces of the company are starting to get sold under special administration by KPMG to recover creditor losses.
Friday, 06/02/2015 | 07:26 GMT by
Victor Golovtchenko
Alpari UK's Japanese Branch Strained by a Torrent of Withdrawal Requests
- In contrast to the announcement by KPMG that they will launch a "Claims Portal" for clients of Alpari UK, in its direct subsidiary in Japan clients are able to withdraw funds using the same website they have so far.
Thursday, 05/02/2015 | 09:04 GMT by
Avi Mizrahi
Exclusive: Alpari UK to Disintegrate Group as Buyers Refuse $25 Million Offer
- Forex Magnates has learned that most of the global group's employees are expected to be immediately let go, with about 50 to remain on board for the transitional period of the firm's winding up.
Sunday, 01/02/2015 | 15:56 GMT by
Avi Mizrahi
CHF Crisis Is Unfolding with New Developments at FXCM, Alpari and BT Prime
- Forex Magnates spotlights the industry’s top news from the past week. From the $10M loss at Boston Technologies to Alpari UK going after clients with negative balances, the aftermath of Black Thursday is here.
Sunday, 01/02/2015 | 12:24 GMT by
Avi Mizrahi
Alpari Boosts Partnership with FC Zenit Saint Petersburg
- The russian broker will be promoted in Zenit's home games and on their website as the partnership becomes national. Ticket holders will be offered free tutorials in an attempt to translate the deal into conversion.
Wednesday, 28/01/2015 | 11:00 GMT by
Finance Magnates Staff
Dukascopy Bank Expresses Interest in a Japanese License, Eyes Alpari Japan
- The company is looking into expanding into the lucrative Japanese market in the aftermath of the Swiss franc debacle, where Japanese brokers remained mostly unaffected due to weak interest in Japan to trade CHF.
Monday, 26/01/2015 | 11:26 GMT by
Victor Golovtchenko
See more
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}